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- RE: $720,000 NET Absentee-Run Profitable Smoke Shop
- Contact: Mike Darmo
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If you are looking for a very profitable smoke shop in the West Valley with staff in place with the owner that produces over $720,000 net profit in the owner pocket after all expenses and an average of $166,500 per month in Gross Sales with amazing seller financing terms and solid client base in a great location surrounded by corporate tenants with exposure to a major road and competition far away and a cigar humidifier room and amazing FF&E then look no further. This smoke shop is situated in a 4000 sq.ft. suite in a strip center with tons of frontage view to a major road surround and they are using only 2,400 square feet of space so it could be expanded. The rest of the space is used as storage. The lease is amazing as well at $7,300 per month all in with 4.5 years left and 5 year options. The store boasts around $300,000 of the top of market inventory, carefully selected from years of experience from the owner and is not included in the price. It is truly turn-key and has room to grow by continuing the trend of the current owner. The owner spends around $10,500 in payroll a month so if you run it yourself add another $126,000 NET to the yearly total. The seller is offering amazing seller terms and is willing to carry with $900,000 down and $1,200,000 balance w/ inventory included for 3 years at 7%. Hurry up these deals don't last for these once in blue moon opportunities.
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Property Features and Assets:
4,000 square feet space taking two suites with exposure to a major road with tons of traffic.
Market Competition and Expansion:
Tons of room for growth with more online marketing and time.
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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